$ETH The term "Eth coin" commonly refers to Ether (ETH), which is the native cryptocurrency of the Ethereum blockchain. Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).

Here's a breakdown of key information about Ether:

* Function: Ether serves as the "gas" to power transactions and smart contracts on the Ethereum network. It is also used as a digital currency for trading and investment.

* Market Performance: As of Friday, May 16, 2025, at approximately 4:00 PM PKT, the live price of Ethereum is around $2,565 USD.

* In the last 24 hours, the price has seen a slight increase.

* Over the past week, ETH has shown a significant increase in value.

* The market capitalization of Ethereum is substantial, ranking it as the second-largest cryptocurrency after Bitcoin.

* Supply: Unlike Bitcoin, Ethereum does not have a strict fixed supply limit.

* Recent News and Developments:

* BlackRock's Ethereum ETF has recorded significant daily inflows, indicating strong institutional interest in Ethereum.

* There's discussion within the Ethereum community about focusing on smaller, more targeted upgrades to the network in the future, following complexities encountered with recent testnets.

* Options trading for spot Ethereum ETFs has been approved by the U.S. Securities and Exchange Commission, potentially increasing accessibility for investors.

* Some analysts believe ETH has the potential to reach significantly higher prices in the future.

In essence, when someone refers to "Eth coin," they are almost certainly talking about Ether, the digital currency that underpins the vast Ethereum ecosystem. Its price is subject to market volatility, like all cryptocurrencies, influenced by factors such as adoption, technological advancements, and overall market sentiment.